A power outage disrupted subway operations on a Line 3 section in Goyang, northwest of Seoul, on Friday morning, causing massive congestion for commuters during the morning rush hour.
Korea Railroad Corp. (KORAIL) said the power outage happened at 4…
Proxy adviser Institutional Shareholder Services (ISS) has urged shareholders of KT and G Corp., South Korea’s dominant cigarette maker, to vote for a board nominee endorsed by activist fund Flashlight Capital Partners, according to the fund Friday.
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South Korean and U.S. warplanes staged a combined live-fire exercise against North Korean cruise missile and long-range artillery threats in waters off the west coast this week, the South’s Air Force said Friday.
The five-day drills began Monday, mo…
Container shipping costs from Europe to South Korea soared nearly 40 percent in February amid continued tensions surrounding the Red Sea, data showed Friday.
The average shipping cost for a 40-foot container for the route jumped 38.7 percent on-mont…
An Indian exporter has been arrested for allegedly exporting cheap gold jewelry from his country to the United States by labeling them as South Korean goods, the customs agency here said Friday.
The man, whose identity was withheld, was arrested and…